Indiana horse racing a $2B industry, study finds
Indiana’s horse racing industry has more than doubled in economic value in the past decade, according to a study led by Purdue University.
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City to spend $4.5M on program to raise Black homeownership
The Vacant to Vibrant initiative, announced Tuesday, will utilize about 100 lots in several neighborhoods that have fallen into disrepair and are held in the city’s land bank.
Motorsports team HMD converting former Marsh to new Brownsburg headquarters
Renovations to the building are already underway, with HMD expected to move into the facility sometime in the summer.
Indiana City Brewing equipment heading for auction
The Indianapolis-based brewery is slated to have its equipment sold at auction next month, but it continues to look for new ownership prior to the sale.
Wheeler Mission names Perry Hines as president, CEO
Chief Development Officer Hines will succeed Rick Alvis, who has led Wheeler Mission for nearly 33 years.
City announces $5M in upgrades for Kennedy-King Memorial Site
The city said the investment will pay for a new plaza, pavilion and public art at the park in the Kennedy King neighborhood north of downtown.
City planning to buy Drake apartment building from Children’s Museum
The Drake has been a often-discussed property since the museum said in mid-2019 the it planned to raze the 95-year-old building as part of a larger real estate effort to make space for additional exhibits and parking.
Indiana bill to increase semi truck speed limits faces tough road ahead
Five prior proposals to eliminate the lower speed limit for trucks have been filed in the House since 2017 without success.
IBJ Podcast: Jeff Wood’s white-knuckle ride from F-16 pilot to head of Tom Wood Automotive
It’s been more than a dozen years since Jeff Wood became company president, and he has used that time to diversify Tom Wood Automotive Group—often following his own interests to see where they lead.
VetCheck looks to franchise 250 urgent care clinics nationwide
Company leaders hope to eventually have one VetCheck center for every 30 traditional veterinary offices in any given area.
Open Kitchen restaurant to take over former Jailbird location
The building south of Hanna Avenue and west of UIndy will be the third home for Open Kitchen since the business launched in September 2020.
Indiana House Republicans say education, health care costs top list in 2023 session
House Speaker Todd Huston, R-Fishers, outlined his caucus’ priorities Thursday, days after Senate Republicans released their 2023 agenda.
Indiana Sports Corp prepping for big events, interested in NFL Draft
The new president of the Indiana Sports Corp said 2022 was a big year for sports in Indianapolis. But Patrick Talty said the organization also spent the year looking ahead, including the potential for Indy hosting a future NFL Draft.
Lafayette leaders want answers about water usage for IEDC’s Boone County tech park
A group of elected officials, business leaders and community members in the Lafayette area are drafting a letter to the Indiana Economic Development Corp. seeking details about the state’s plans to draw water from the Wabash River aquifer.
California to sue Lilly, other drug companies over insulin prices
California on Thursday announced it will sue the companies that make and promote most of the nation’s insulin, accusing them of scheming to illegally increase the price of the drug.
‘Bodyguard’ musical at Athenaeum revisits Whitney Houston highlights
A musical production of “The Bodyguard,” originally a film starring Whitney Houston and Kevin Costner, is scheduled at the Athenaeum.
Indiana House Republicans propose fines for hospitals with high fees
Upset with what they say is the excessive cost of health care in Indiana, House Republicans want to levy fines against hospitals that charge more than 260% of what Medicare reimburses for services.
Duke’s $29M transmission-line plan to spare trail trees in Westfield
The multiyear project will include installation of two new 69-kilovolt electric transmission lines to serve fast-growing Noblesville and Westfield.
Boone County residents file legal challenge over LEAP annexation
The residents say the city of Lebanon failed to follow state zoning law when it annexed 5,200 acres of land for the planned LEAP district in Boone County.
Veterans, service members gather at Indiana Statehouse
Indiana’s veterans, active duty and reserve service members want two big things from the General Assembly: continued tax benefits and expanded treatment options—including mental health — in their communities.